Russia poised for rapid growth

The Russian composites industry is steadily recovering from the country’s financial crisis, writes correspondent Eugene Gerden. This is reflected by resuming business activities in the industry and an increase in the number of investment projects implemented by leading players, according to representatives of the Russian Ministry of Industry and Trade and leading producers.

Sergey Fakhretdinov, chairman of the Russian Union of Composite Manufacturers – a public association, which unites Russian leading composite producers – reports that the annual growth of the Russian composites market will be in the range of 20%-25% for the next few years.